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torrita

1,057 Posts.

603

05/04/21

08:32

Post #: 52248991
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Originally posted by Pointyfigures: ↑

I consider NES a really strong stock.
After the capitulation low last year, price has risen steadily and held trend till the bulk of gold price fall (August-December), where the stock traded sideways.
Each of the 3 previous buy signals were optimal - within 5% of the bottom of a pull back.
More recently a target of 12.2c was set in December and delivered in February - against a falling gold price.
NES appears about to generate a new buy signal at 9.6c.
One I am particularly keen to get my hands on.
.

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I agree with your trend observations. (Trending up while gold is trending down Post #: 51352864 )

The old graph paper charts , brings back memories of watching my oldest brother using them back in the 1960s. In some ways more accurate than today's high tech analysis.

The pending assay results will be just the first of many announcements for the coming 6 to 12 month drilling program

Pity the labs are about 10 weeks behind.

GLTA

Last edited by torrita: 05/04/21

NES Price at posting: 9.9¢ Sentiment: Buy Disclosure: Held
3 Upvote

1 Great analysis

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(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $1.841M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.3¢	$31	10.31K

Buyers (Bids)

No.	Vol.	Price($)
19	8088922	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	1880426	6

View Market Depth

No.	Vol.	Price($)
19	8088922	0.003
12	12333666	0.002
13	30035050	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	1880426	6
0.005	3849982	6
0.006	5982250	8
0.007	3204382	5
0.008	500000	2

Last trade - 15.47pm 16/05/2024 (20 minute delay)

NES (ASX) Chart